Apple will not create its own cryptocurrency

Apple will not create its own cryptocurrency

Apple CEO Tim Cook has said the company has no intention to follow Facebook in creating its own digital currency. ’I truly think currency should remain in the hands of the state’, Cook said explaining that he did not believe a private entity could create a modern currency.

KCooper
KCooper
James Villalobos
James Villalobos 4 months

lol! Of all the possible reasons, he chose the one that makes the least sense

Nika D
Nika D 4 months

I got one am glad Apple, unlike Facebook and PayPal and MasterCard, are not trying to take over the monetary system while making it censorious and discriminatory.

Randy Souse-Git
Randy Souse-Git 4 months

What idiot ever asked them to?

ConcealCarryProtect
ConcealCarryProtect 4 months

Its news when someone isnt making a crypto. Imagine that.

Paul C
Paul C 4 months

Guess Cook missed the whole point of crypto being decentralized and specifically not controlled by any government.

IvoryDove
IvoryDove 4 months

"Government"? Doesn't he know that governments aren't actually in control of our current currency? Who runs the fed?

Thomas Nelson
Thomas Nelson 4 months

wow. I'm sure his business would be running very well if he gave it to the state.also Bitcoin and other are no different than dollars, it's all fake and has no real backing in gold and silver.

Ekitchi Hoshi
Ekitchi Hoshi 4 months

Well there can only be a few reliable cripto-currencies in the world anyways. If you don't think yours can make it to the top 5 there is no point in trying.

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